secwatch.observer — SEC 8-K summary
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Issuer:     PayPal Holdings, Inc. (PYPL)
CIK:        0001633917
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001633917-26-000065
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PayPal Q1 revenue up 7% to $8.4B; GAAP EPS down 6% to $1.21, non-GAAP EPS up 1% to $1.34
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- GAAP operating income fell 3% to $1.5B; operating margin contracted 182 bps to 17.8%.
- TPV grew 11% to $464.0B; payment transactions up 7% to 6.5B.
- Active accounts flat at 439M, down 0.2M sequentially; free cash flow $0.9B.
- Board declared $0.14 per share dividend, payable June 25, 2026 to record holders June 4.
- New CEO Enrique Lores highlights steps to sharpen strategy and simplify organization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633917/000163391726000065/0001633917-26-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633917/000163391726000065/pypl-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001633917-26-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer